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Muthoot Capital Services zooms 9% on plans to raise up to Rs 50 cr via NCDs
Update / Judgement Date
22 Aug 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Financial ManagementInvestment Banking
Muthoot Capital Services plans to raise up to ₹50 crore through the issuance of Non-Convertible Debentures (NCDs). This initiative aims to strengthen the company's financial position and support its business activities. The NCD issue is part of Muthoot Capital’s strategy to secure additional funding for growth and operational needs. The move highlights ongoing financial management efforts and capital-raising activities within the company.
